Gold rate came down

Discussion in 'Money Matters' started by Barbie2013, Apr 19, 2013.

  1. Barbie2013

    Barbie2013 Silver IL'ite

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    I did a big mistake.
    I got my PF amount from previous company and instead of saving it as FD I bought 95 grams gold.

    Day by day gold rate going down. I am at big loss.

    But I will not use that gold now.

    Will there be rise in gold price again?
     
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  2. sarayua2004

    sarayua2004 Bronze IL'ite

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    dont worry..u have made a wise investment...its all because of the gobal market fluctuation the rate is coming down...it will pick up ....
     
  3. Vijaya@17

    Vijaya@17 Silver IL'ite

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    Gold rate will pick up again
     
  4. Decentguy

    Decentguy New IL'ite

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    What are you talking about? Are you sure?

    What is the current price? I remember few yrs back it was 5k for 10 grams, then last week I check it was 25K correct?

    What is the current price for 1 tola ( 10 grams) ?
     
  5. Shanvy

    Shanvy IL Hall of Fame

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    If the gold was bought for personal use, do not keep checking the rates. if it was bought as investment in physical form you should be a long term investor.
     
  6. Sabitha

    Sabitha Gold IL'ite

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    ILs have any idea, about Gold rate will come down, today's rate is rs.2468 per gram. i saw newschannel, it was come down per gram rs.2200/- is it true?
     
  7. Shanvy

    Shanvy IL Hall of Fame

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    no sabitha today's rate is 2468 only . and there will not be any change of rate until monday morning, based on the market opening.maybe they were discussing how it will open on monday..

    but this will stabilise at a point. 2200 is tempting though..
     
  8. tanu khurana

    tanu khurana Bronze IL'ite

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    Ah a tempting price Rs 22,000.............. i wish it to cum at 20,000....
     
  9. Shanvy

    Shanvy IL Hall of Fame

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    wishes are horses. . i would even think of 1800 but again i don't think it will happen.because next month akshaya thrithai, the wedding season starts and there will be stability because of the demand in the retail market.
     
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  10. cedantseq

    cedantseq New IL'ite

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    wel gold will certainly go in the long term, do not use all your savings to buy gold, buy debt, equity, property and invest in all assets
     

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